Victoria's Secret New Leadership Is Steering Brand Back To Core Values, Analyst Upgrades Stock
Portfolio Pulse from Lekha Gupta
Victoria's Secret & Co. (NYSE:VSCO) shares rose after Barclays upgraded the stock, citing new leadership and a return to core values. The company is expected to see improved margins and product innovations, though full recovery is anticipated by 2025. Investors can also access the stock via ETFs like AZTD and XRT.
September 18, 2024 | 6:17 pm
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POSITIVE IMPACT
Investors can gain exposure to Victoria's Secret through the Tidal ETF Trust Aztlan Global Stock Selection DM SMID ETF (AZTD), which includes VSCO in its holdings.
As AZTD includes VSCO in its holdings, the positive news for VSCO could lead to a slight positive impact on AZTD's performance.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Victoria's Secret shares increased after Barclays upgraded the stock to Equal Weight, citing new leadership and a return to core values. The company is expected to see improved margins and product innovations, with full recovery anticipated by 2025.
The upgrade by Barclays and the positive outlook on new leadership and product innovations are likely to boost investor confidence, leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
The SPDR S&P Retail ETF (XRT) provides exposure to Victoria's Secret, which has been upgraded by Barclays, potentially benefiting the ETF.
XRT includes VSCO, and the positive news for VSCO could lead to a slight positive impact on XRT's performance.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50